2012-12-02
2012-12-10
x Mad Money

PROGRAM
STATION
CNBC 11
LANGUAGE
English 11

Set Clip Length:


violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation without legislation. because the holidays are slated to begin in a couple of weeks. which doesn't give enough time to get the job done. so you have one side that ins t insisting on tax increases, and then you have the other side which has pledged no tax increases which assure those deal can occur. after all, even if the president offered heavy-duty spending cuts like he did during the debt ceiling fight, the republicans can't compromise because of their blood oath in norquist. they aren't allowed to and the president's bottom line seems to have hardened. doesn't it seem to you like he thinks that the wealthy and those who own stocks are exactly the same? now as far as the public not knowing what awaits us, we've got a whole new school springing up as

liquidators, the intransigence the mean-spirited debates, the pledge is not to raise taxes, it's costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. and faster growing the repressive communist world to boot. your inability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on twitter, people say i'm biased. i believe that the compromise which all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't come into play anymore in washington. too many pledges, too much ideology. i am part of the 2% that's going to have to pay more. i have the highest effective tax rate possible, 48% for a variety of reasons. but i am willing to pay more because i used to pay more at one time and i'm grateful for what this country has done for me. i know that those of us are lucky enough to have done well in this country have had a really good run and it's time to show some gratefulness, even if we think the government may be profligate with so

it up. but, may not be the protection. it doubles the tax on dividends. can't be in there saying -- darden. one of the biggest retail juggernauts. the gap. sales have become sloppy to surrender $3.57 or 10%. although that doesn't spell the death of retailers, we go off the charts tonight. sectors are really doing -- how are they doing? we just witnessed -- relentless pressure in the oil sector. the department doesn't believe going over the cliff will stifle energy command. today is the first day when the group got any lift at all. so what do we do? people are worried the economy is slowing because of the cliff. so what do we do? is it game over for equities should i take my -- hall of fame today and just go home? no, no, no. let me first say absolutely not. we simply have to get eveninger to a cliff resolution or to a situation where no one expects resolution. going with the latter, hey, that is new. let me walk you through here. today last week. last week, genuine hope a deal would get done. today, last week. if you recall, we heard from a host of executives. they met with the p

than doubles the tax on dividends. we saw one of the biggest retail jugger nauts, the gap. sales have become sloppy to surrender $3.57 or 10%. although that doesn't spell the death of retailers, we go off the charts tonight. and we witnessed downward pressure in the oil sector. today is the first day when the group got any lift at all. so what do we do? is it game over for equities should i go home? no, no, no. let me first say absolutely not. we have to get either to a cliff resolution, or so the situation where no one expects the resolution. going with the latter, hey, that is new. let me walk you through here. today last week. if you recall, we heard from a host of executives. they felt like compromise was in the air. it was real and eminent. we heard from the ceo of goldman sachs. it could be hammered out without real difficulty if it were in the private sector. when i heard those execs touch base with them and spoke with them on both sides of the aisle i thought there would be more common ground. that the common ground somewhat a loser. and the refuse al to negotiate and to never

and increase taxes. yes, that's the actual compromise radical middle position as dave cote from honeywell says, and those who simply refuse to accept tax increases or entitlement cuts. given that the president's saying he campaigned and won on a platform of higher taxes for the wealthy and the republicans say they were elected because they pledged to behind the scenes power broker grover norquist they would never raise taxes, it certainly seems like the impasse cannot be solved and we got to go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government mandated recession, which is what it's tantamount to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever been able to say to your boss, walk in, you know, hey, man i know i've got a huge project due, one that could bring down the whole company if i don't finish, but darn it all, hey, see you later, sport, i'm taking a vacation. i'm out of

to never raise taxes on the rich as per major domo grover norquist, who rivals the congressional leadership control over the very thought patterns of those who signed his pledge. grover's bound to go after republicans with impure thoughts who are being seduced, i heard these words myself on "meet the press," by the democrats. well, of course i was sitting about three feet from him. i wonder, are there enough members of the gop who study higher tax pornography with that seduce stuff? maybe this weekend have the impure thoughts thing we ought to call old-time supreme court justice potter stewart. "i will know it when i see it." sometimes i feel bad for the speaker, speaker boehner. he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade thi

Excerpts 0 to 10 of about 11 results.


(Some duplicates have been removed)


Terms of Use (10 Mar 2001)